Amends TCA Section 5-14-204; Section 5-14-205 and Section 6-56-305.
Tennessee HB0742 amends the County Purchasing Law of 1983 and the Municipal Purchasing Law of 1983 to modify the thresholds for public advertisement and competitive bidding for nonemergency, nonproprietary purchases. The bill allows local governing bodies to set these thresholds through resolution, increasing the limit to $50,000 for entities with centralized purchasing authority and a full-time purchasing agent, and to $25,000 for those without. Additionally, it replaces the requirement for three competitive bids with three written quotations for purchases exceeding 40% of the established bid threshold but below the threshold itself.
Tennessee HB0742 amends the County Purchasing Law of 1983 and the Municipal Purchasing Law of 1983 to modify the thresholds for public advertisement and competitive bidding for nonemergency, nonproprietary purchases. The bill allows local governing bodies to set these thresholds through resolution, increasing the limit to $50,000 for entities with centralized purchasing authority and a full-time purchasing agent, and to $25,000 for those without. Additionally, it replaces the requirement for three competitive bids with three written quotations for purchases exceeding 40% of the established bid threshold but below the threshold itself.
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McKenzie, Sam
114th General Assembly
February 3, 2025
March 19, 2025
Taken off notice for cal in s/c Cities & Counties Subcommittee of State & Local Government Committee